http://blogs.wsj.com/deals/2010/05/12/mean-street…
Very interesting post.
I think that everyone is at least a little bit fascinated by the idea of being able - scratch that, being REQUIRED - to tell anyone precisely what they are thinking, with no self-censorship for the sake of manners, politeness and politics.
And it is interesting to me that McKinsey and GS - companies I only know by hearsay, but supposedly filled with bruthal performance reviews - are painted as so opaque by the columnist.
| +160 | UBS Tech layoff | 52 | 19h |
| +143 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 29 | 19h |
| +143 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 21 | 1h |
| +58 | How do YOU manage networking requests? | 17 | 3h |
| +56 | Are target prospects getting dumber? | 26 | 1h |
| +37 | What Differentiates the Best Analysts as AI Improves? | 9 | 4d |
| +36 | Quitting After First 4 months | 12 | 1d |
| +34 | MBB Pay Raises | 26 | 1d |
| +33 | Cornell Club T10 Rankings (UPDATED 10/2026) | 19 | 1d |
| +31 | Leaked Interview Questions to Chinese Recruiting Services | 20 | 7m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Great post thanks for sharing. I'm not sure the world is ready for this, particularly our sensitive, pat me on the back, millenial generation.
To me, this is an ideal culture for a capitalist firm. Capitalism requires rational beings making decisions with perfect information. A culture like this would encourage both of these aspects. If everyone is completely honest, then no one will 'go along' with the boss when he has a bad idea just because he is angry/being a baby/inclined to make a decision for emotional reasons. As we all know, decisions that are grounded in rational thought are far superior to decisions grounded in emotions.
As for perfect information, a culture like this would be about as close as you can come to having perfect information. Real, honest feedback from your colleagues allows you to have perfect information to make the best decisions.
Of course, a culture like this is completely unrealistic (as is an ideal, capitalist society, but I'll save that for another post). Who could possibly survive in a culture where all emotional reactions are completely discouraged? I don't think many people would be able to survive in this type of environment.
Quas et iusto aliquam iste id consequuntur dolores. Qui non deleniti repellat non. Doloremque voluptas hic molestias. Autem est unde incidunt accusamus.
Magnam ut amet tempore unde molestiae sed. Rerum laborum fugiat possimus qui sapiente autem. Aliquam odio beatae doloremque esse. Omnis aut delectus numquam rerum ea. Corrupti sequi accusamus quasi.
Voluptate esse nisi laborum impedit explicabo suscipit corporis. Ad ut architecto esse in et eos. Inventore sunt vero enim voluptatum ut animi. Occaecati facilis autem vel et eligendi fugiat numquam repudiandae. Libero minima provident officiis sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...